Products and facilities
Choose the product that fits what you need the loan for, to see the maximum loan, who it is for and the collateral we recommend.
For individuals
Helps you meet personal or family needs and unexpected expenses such as rent and medical bills.
Maximum loan
₦3,000,000
Who it is for
Individuals with an identifiable and regular means of income.
Recommended collateral
Post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Immediate, very short-term finance for salaried workers, repaid from salary.
Maximum loan
₦3,000,000
Who it is for
Salary earners whose employment is confirmed and who are paid regularly by a reputable employer.
Recommended collateral
Post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Part-finances a specific asset for personal or commercial use.
Maximum loan
₦5,000,000
Who it is for
Individuals buying an asset.
Recommended collateral
Fixed charge or joint ownership of the asset, post-dated cheque, standing payment order (Remita), third-party guarantee or insurance policy
Risk acceptance criteria
Helps parents and guardians pay school fees and buy educational materials.
Maximum loan
₦10,000,000
Who it is for
Parents and guardians.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Part-finances air tickets, travel costs and related expenses, paid upfront.
Maximum loan
₦5,000,000
Who it is for
Individuals who are travelling.
Recommended collateral
Deposit of ticket or travel document, post-dated cheque, standing payment order (Remita), third-party guarantee or letter of undertaking
Risk acceptance criteria
For businesses
Supports a business’s general overhead and operating expenses.
Maximum loan
₦10,000,000
Who it is for
Non-trading businesses that generate cash flow from their operations.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), credit insurance, post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Finances stock for businesses trading in fast-moving consumer goods.
Maximum loan
₦10,000,000
Who it is for
Small and medium businesses trading in fast-moving consumer goods.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), stock hypothecation, credit insurance, post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Finances a business to deliver purchase orders issued by reputable companies. Construction works are excluded.
Maximum loan
₦10,000,000
Who it is for
Businesses that supply goods to credible companies.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Refinances jobs already executed, against a confirmed invoice from a credible institution.
Maximum loan
₦10,000,000
Who it is for
Businesses that supply goods or carry out contracts for credible companies.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Part-finances a specific asset for a business’s commercial use.
Maximum loan
₦5,000,000
Who it is for
Small and medium businesses buying an asset.
Recommended collateral
Fixed charge or joint ownership of the asset, post-dated cheque, standing payment order (Remita), third-party guarantee or insurance policy
Risk acceptance criteria
Helps schools pay running costs and buy educational equipment.
Maximum loan
₦10,000,000
Who it is for
Registered schools.
Recommended collateral
Tangible asset (for higher amounts and longer tenors), post-dated cheque, standing payment order (Remita) or third-party guarantee
Risk acceptance criteria
Finances travel and ticketing agents to pay upfront for tickets, travel costs and related expenses.
Maximum loan
₦5,000,000
Who it is for
Travel and ticketing agents and firms.
Recommended collateral
Deposit of ticket or travel document, post-dated cheque, standing payment order (Remita), third-party guarantee or letter of undertaking
Risk acceptance criteria
